|
Tomorrow's Alert: WDRP
Good evening members ,
The last time we profiled WDRP it was a big double digit winner. And this time the setup looks better than ever... Wanderport Corp (WDRP) is trading on bullish technical's, has pulled back to long term support and has massive buying support under its current price - making this trade a "no-brainer" WDRP made a big move higher a few months ago, and it has since pulled back to long term support. Now it is consolidating nicely at support waiting for another push higher.
Check out the chart below. We think with support in at these levels, we could start to see a strong move back towards recent highs of $0.01. That is 300% upside from here. Based on the support / resistance levels I see, I believe WDRP could be an excellent risk v reward trade at these levels. And the great news is that WDRP is liquid with a tight level 2 spread. We are also expecting some news from WDRP tomorrow, which usually acts as a catalyst for a nice trading day.  For those fundamentally focused traders out there, here is some background info on WDRP... WDRP does business in the ever so hot cannabis sector. Specifically, WDRP is an investment holding and incubator company with primary focus on consumer products and services and the emerging cannabis industry. Green Organic Holdings, a wholly owned subsidiary of Wanderport, is CannaLife's exclusive master distributor for the state of Nevada and a general distributor for California. They also distribute their flagship product Canna Energy, a hemp infused beverage, in the state of Washington, Oregon and Colorado.
Recently WDRP announced they had signed the Asset Purchase Agreement to acquire key assets of CannaLife's primary distributor, Titan Distributing.
Subsequent to the Letter of Intent, the parties agreed to change the transaction from an equity purchase to an asset purchase. Under the terms of the agreement, the Company will not assume any liabilities and will receive:
- All of Titan's accounts and distributors in the State of Colorado, New Mexico, California, Oregon and Washington
- Exclusive distribution rights in Colorado, Oregon and Washington
- Brokerage fees for all national accounts secured for CannaLife
- Preferred product pricing
- Option to purchase up to five percent equity in CannaLife
The Company is continuing its discussion with CannaLife on additional partnership arrangements which include but not limited to operations, resource management, marketing, business development and a larger equity stake in CannaLife. You can read more about WDRP on their website www.wanderportcorp.com
Wanderport Launches Online Store WanderportStore.com with New Hemp Beverages
SANTA MONICA, Calif., Aug. 17, 2015 /PRNewswire/ -- Wanderport Corporation (OTC Markets: WDRP) is pleased to announce that the Company has launched its online store at www.wanderportstore.com to offer hemp based products to retail customers throughout the U.S.
The initial line of products includes CannaEnergy™, DuBe® energy shots and Cannabissimo Coffee™. CannaEnergy™ is infused with 50mg of hemp seed oil and available in Original, Mango and Blueberry flavors. Dube® hemp energy shots are filled with B-vitamins and amino acids with zero calories and zero sugar. Available in natural berry flavor, the shots are infused with Hemp Pro 70 protein powder. They are GMO and gluten-free. Imported from Italy, Cannabissimo Coffee™ is a premium, full flavored blend of hemp seeds and the finest roasted ground coffee beans from South America, Africa and India. All products contain zero THC and are legal for sale throughout the U.S.
The Company has recently made some adjustments to its operations to enhance sales and profitability. It has moved beyond distributing solely CannaEnergy™ to include other hemp related products as well as extending it channels to e-commerce. The Company is also placing more emphasis on saturating well defined populous regions and demographics with sales and marketing efforts. The adjustments should result in better sale through and reorder rate.
"Our goal has always been making the products widely available at the local stores. With the extension of the online store, our products are now conveniently available to everyone, from small rural communities to large metroplexes," said Eric Brown, CEO of Wanderport Corporation. "We are looking to expand our offering by continuing to search the market for the finest hemp products available. Furthermore, we are working on our own brands which we plan to introduce sometime in the fourth quarter," added Brown. Read in full at http://finance.yahoo.com/news/wanderport-launches-online-store-wanderportstore-123400801.html
To summarize, we think WDRP could be a very favorable risk v reward trade in the short term with tremendous upside potential. Please do your own due diligence now and be ready to trade at the opening bell. The Editor Massivestockprofits.com Disclaimer Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. MassiveStockProfits.com employees are not registered as an Investment Adviser in any jurisdiction whatsoever. The disclaimer is to be read and fully understood before using our site, or joining our email list. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead MassiveStockProfits.com strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. MassiveStockProfits.com does not offer such advice or analysis, and MassiveStockProfits.com further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be "forward looking statements". Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as "projects", "foresee", "expects", "will", "anticipates", "estimates", "believes", "understands", or that by statements indicating certain actions "may", "could", or "might" occur. Understand there is no guarantee past performance will be indicative of future results. In preparing this publication, MassiveStockProfits.comhas relied upon information supplied by its customers, and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The advertisements in this website are believed to be reliable, however, MassiveStockProfits.com and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. MassiveStockProfits.comis not responsible for any claims made by the companies advertised herein. MassiveStockProfits.com may receive compensation and its employees and affiliates may own stock that they have purchased in the open market either prior, during, or after the release of the companies profile which is an inherent conflict of interest in MassiveStockProfits.com statements and opinions and such statements and opinions cannot be considered independent. MassiveStockProfits.com and its management may benefit from any increase in the share price of the profiled companies and hold the right to sell the shares bought at any given time including shortly after the release of the companies profile. Any and all compensation received in cash will always be disclosed below. MassiveStockProfits.com has been compensated one thousand dollars for this profile of WDRP by a third party. MassiveStockProfits.com may on occasion accept compensation in free-trading shares for it's marketing services of the company being profiled, and the third party that might have compensated MassiveStockProfits.com may hold free-trading shares of the company being profiled and could very well be selling shares of the companies stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration. If MassiveStockProfits.com never accepts compensation in the form of free trading shares of the company being profiled and decides to sell these shares into the public market at any time before, during, or after the release of the companies profile our disclaimer will be updated accordingly reflecting the current position of those free trading shares received as compensation for our services.
|
|
|
|
|